Articles Filed Under: RealRecentReductions

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Now Angling for a Bidding War in The Bellaire

Now Angling for a Bidding War in The Bellaire

Purchased for $1.21 million in November of 2015, the 1,003-square-foot unit #303 in the classic Russian Hill building known as Bellaire Tower (1101 Green Street) returned to the market with a $1.195 million price tag this past August. Five weeks later, the list price for the “light and bright... Read More »

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Quiet Million Dollar Cut for a Rocker’s Sea Cliff Home

Having been reduced from $16 million to $14 million in one fell swoop earlier this year, the listing Kirk Hammett’s 4,200-square-foot home at 308 Sea Cliff Avenue was officially withdrawn from the MLS a few months ago without a reported sale. And this afternoon, 308 Sea Cliff Avenue was... Read More »

Rents Dropping for New Apartments in Dogpatch

Rents Dropping for New Apartments in Dogpatch

Back in August, a few months before the first phase of Avalon’s new 326-unit Dogptach development at 800 Indiana Street open its doors, the development was being marketed with studios starting at $2,910 a month; one-bedrooms starting at $3,305; two-bedrooms starting at $4,525; and three-bedrooms priced at $6,979 and... Read More »

33 Percent Price Cut for G’s Penthouse Lair, Take Two

33 Percent Price Cut for G’s Penthouse Lair, Take Two

Having hit the market priced at $12 million in early 2015, the asking price for Gurbaksh “G” Chahal’s 3,355-square-foot penthouse atop the Infinity was subsequently reduced down to $7.995 million before being withdrawn from the MLS in mid-2016. Subsequently whitewashed, with the master bedroom having been repainted in muted... Read More »

Food for Thought

Food for Thought

Having been rebuilt, remodeled and expanded to 3,500 square feet, the modernized Mission District Victorian at 948 Hampshire Street traded hands for $3.8 million in December of 2015. The new kitchen is outfitted with a marble waterfall island, dual Thermador ovens and an operable wall of glass, perfect for... Read More »

10 Percent Price Cut for Pedigreed Postmodern Estate

10 Percent Price Cut for Pedigreed Postmodern Estate

Having hit the market priced at $14.995 million this past April, the asking price for the pedigreed postmodern Woodside home at 1250 Canada Road, which is hidden behind the five-acre estate’s equestrian center buildings, has just been reduced by 10 percent to $13.5 million. The four-bedroom home was built... Read More »

Renovated Loft in an Iconic Building Returns to 2014 Price

Renovated Loft in an Iconic Building Returns to 2014 Price

Listed for $1.395 million in July of 2014, reduced to $1.295 million that August and then re-listed anew for “$995,000” the next month, the 1,229-square-foot unit #310 in the iconic Heublein Building at 601 4th Street officially sold with “multiple offers!” and an “over asking” contract price of $1,095,000... Read More »

Ironic Decor and Reduction for a Remodeled ‘Penthouse’ Loft

Ironic Decor and Reduction for a Remodeled ‘Penthouse’ Loft

Purchased for $1.65 million in May of 2016, the 2,000-ish-square-foot unit #403 on the fourth floor of 767 Bryant Street returned to the market listed for $1.75 million this past June having been completed remodeled “from the studs up,” with high-end and custom finishes throughout and the phrase, “Success... Read More »

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

As we first reported at the beginning of the year: Purchased by Nicolas Cage by way of an anonymous trust for $9.4 million back in 2006, the Russian Hill mansion at 898 Francisco Street resold for $8.5 million in July of 2008, which included the undeveloped lot fronting Hyde... Read More »

$2.5 Million Cut for Landmark Presidio Heights Home

$2.5 Million Cut for Landmark Presidio Heights Home

Having hit the market in July priced at $16 million, as we first reported at the time, the asking price for the Landmark Presidio Heights home at 3500 Jackson Street which was designed by Bernard Maybeck and built in 1909 has just been reduced by $2.5 million (15.6 percent)... Read More »